AUD/USD jumps above 0.9250 and reaches daily highs at 0.9270

FXstreet.com (San Francisco) - The Aussie is currently trading higher against the US dollar and after rising around 50 pips from 0.9225 in the last hour, the AUD/USD has broken above the 0.9250 and reached an intra-day high of 0.9270.

Currently, the AUD/USD is trading around 0.9250, 0.77% above opening price. The Short term perspective is slightly bullish according to the FXstreet.com trend index in the 15-minute chart. Indicators such as MACD, CCI and Momentum are pointing to the north while the Stochastic is bearish.

AUD/USD advanced after the US opening bell

According to the FXstreet.com Currencies Poll, the outlook turned more mixed for Aussie, with shallow recoveries and no clear bottom calls now. AUD/USD is set to move sideways in the current week as experts believe the pair will trade around 0.9160, below of current price. On a wider chart, the AUD/USD will trade close to 0.9155 in the 1-month chart and slightly higher at 0.9241 in the 3-month windows.

Above 0.9250, next resistances are at 0.9270, 0.9290 and 0.9300. On the downside, supports are now at 0.9230, 0.9195 and 0.9170.

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